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Bankruptcy - Are there any other options?


November 15, 2008
Topic: Bankruptcy

As the economic crisis worsens, many people's financial matters are in distress and are left wondering about bankruptcy and "other" options. For most of our clients, we find that bankruptcy is the best option because it gives the most complete relief to our clients whose credit situation has worsen to the point that they should go ahead and file.  Although bankruptcy may not be the solution for everyone based on income, prior bankruptcies, or other factors including the amount of debt, there may be other options, although limited.

http://www.foxbusiness.com/story/markets/industries/media/ways-burdensome-debt-paid/.

One such option is to try to renegotiate with your creditors. Creditors may be willing to protect themselves from a complete loss when confronted with a debtor contemplating bankruptcy. While you may attempt this on your own, our clients have experienced a much more positive reaction from the lender when we, as attorneys for the debtor, renegotiate on their behalf with the lender. Please call us today to see if we can help you renegotiate the terms of your loans.


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Arnold Law Firm, LLC

6279 Dupont Station Court
Jacksonville, FL 32217

Phone: 904-731-3800
Fax: 904-731-3807

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